The Wall Street Journal Spins for the Senate Immigration Bill

The Wall Street Journal editorial board took a strong stance Monday in favor of the Senate immigration bill, arguing that “immigrants will be crucial” to saving Social Security. The proof: a projection that immigrants will contribute $4.6 trillion (in today’s dollars) towards the Social Security trust fund over the next 75 years–nearly half the $9.6 trillion shortfall (for some reason, the Journal cites last year’s $8.6 trillion estimate.)

Even if true, that does not dispose of Social Security’s problems–and it may be misleading to consider the effects on Social Security alone, when new immigrants will also be making use of a host of other entitlement programs, including Medicare, Medicaid, and now Obamacare.

That is not an argument against immigration, but reminds us that using immigrants to shore up failing welfare state programs may be a recipe for failure.

It certainly has been in Europe.

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